Vehicle registrations jump 17.6% in January to 2.72 million units post-GST cuts

January witnessed a striking 17.6% increase in vehicle registrations, surpassing the 2.72 million mark. The spike can be attributed to recent post-GST price adjustments, robust income growth in rural areas, and escalating needs for mobility and freight options. Significant sales growth was recorded for two-wheelers and commercial vehicles, alongside a rise in passenger vehicle registrations.